Overview:We are seeking an experienced and highly skilled Insurance Regulatory In-House Counsel to join our legal team. This position will be responsible for providing legal counsel and strategic guidance on a wide range of regulatory issues affecting the company's operations within the insurance industry. The ideal candidate will have 7-10 years of experience in insurance regulatory law, including experience with state and federal regulations and compliance.
This is a unique opportunity for a seasoned legal professional to play a critical role in shaping the company's regulatory strategy, ensuring compliance with evolving insurance laws, and helping the organization navigate complex legal and regulatory landscapes.
What you'd be doing: - Provide legal advice and support on regulatory matters impacting the insurance industry, including surplus lines, licensing, product filings, and regulatory inquiries.
- Advise senior management and business teams on the implications of changes in state and federal insurance laws and regulations.
- Draft and review regulatory responses, contracts, and insurance-related documents to ensure compliance with applicable laws and regulations.
- Assist with regulatory investigations and inquiries
- Work closely with internal business units (e.g., product development, compliance, underwriting, claims) to ensure that regulatory requirements are met and business goals are achieved.
- Monitor legislative and regulatory developments at both the state and federal levels and provide proactive advice on how changes may impact business operations.
- Assist in the development and implementation of internal policies, procedures, and training programs to ensure compliance with applicable regulations.
- Collaborate with external counsel and industry groups on regulatory matters, including advocacy, policy development, and strategic initiatives.
- Manage legal risks associated with regulatory issues and provide creative, business-oriented solutions to complex legal challenges.
We're looking for someone who has: - J.D. from an accredited law school and admission to the bar in the relevant jurisdiction.
- 7-10 years of experience practicing insurance regulatory law, either in-house or in a law firm with a focus on insurance, financial services, or regulatory law.
- Deep knowledge of state and federal insurance laws, regulations, and industry best practices (e.g., NAIC model laws, state-specific insurance code).
- Strong analytical skills and the ability to interpret complex insurance regulatory requirements and communicate them effectively to internal stakeholders.
- Excellent written and verbal communication skills, with the ability to present legal concepts in a clear and concise manner.
- Proven ability to manage multiple projects, prioritize effectively, and meet deadlines in a fast-paced, dynamic environment.
- Strong interpersonal skills and the ability to collaborate effectively with cross-functional teams.
- Experience in regulatory litigation or enforcement matters is a plus.
- Knowledge of insurance products (property and casualty) and the regulatory landscape in these areas is highly desirable.
Highly preferred candidates also have: - Master's degree in law, regulatory affairs, or a related field.
- Familiarity with emerging issues in the insurance industry, including cybersecurity, environmental, social, and governance (ESG) matters, and the intersection of technology and insurance.